Golden Rules for Retirement Investing 1. Determine the purpose of your money–What do you want your investment to accomplish. 2. Understand how the investment options work in good times and bad. There is no single investment that always makes money. Best to...
The retirement models that we may be familiar with — our parents, already retired coworkers, retired friends — may not work for us. Why? Many of us are the first group to reach retirement and live in retirement as long or longer than we worked. As such we enjoy...
There are, in effect, five phases of planning for and transitioning into retirement from a financial perspective. Phase 1 Fifteen years prior to your planned retirement date develop a financial plan. An essential part of your retirement financial plan is understanding...
